Flex Addresses COVID-19 and Impact on Its Fourth Quarter Fiscal 2020
Flex Ltd. - Ordinary Shares (FLEX)
Last flex ltd. - ordinary shares earnings: 1/30 04:05 pm
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US:NASDAQ Investor Relations:
investors.flex.com/home/default.aspx
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Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced that as a result of the still-evolving COVID-19 situation, it expects fourth quarter fiscal 2020 results to be negatively impacted and the Company is not expected to meet its current guidance.On January 30, 2020, Flex issued fourth quarter fiscal 2020 guidance excluding any potential impact from the COVID-19 outbreak, given that it was still early in a very fluid and dynamic situation. As stated on the earnings call, at the onset of the outbreak, Flex activated contingency plans and deployed response teams to take proactive steps with the purpose of protecting the health and safety of its workforce.“Our cross-functional teams have done an amazing job returning more than 80% of our colleagues back to work, in a disciplined and safe manner. On behalf of the Flex leadership team, my sincere thanks to all my Flex colleagues for their commitment to safety and dedication to ramping up production at our China factorie
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News
- Flex Factory Recognized for Manufacturing Excellence and Continuous Improvement by the Association for Manufacturing ExcellencePR Newswire
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- Flex (NASDAQ:FLEX) shareholders are still up 313% over 5 years despite pulling back 3.3% in the past week [Yahoo! Finance]Yahoo! Finance
- Flex Ltd. (NASDAQ: FLEX) had its price target raised by analysts at Stifel Nicolaus from $40.00 to $48.00. They now have a "buy" rating on the stock.MarketBeat
- CLS Stock Trades Near 52-Week High: Is There More Room to Run? [Yahoo! Finance]Yahoo! Finance
FLEX
Earnings
- 10/30/24 - Beat
FLEX
Sec Filings
- 11/22/24 - Form 8-K
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- FLEX's page on the SEC website